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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Cotton losses extend to friday - What They Never Told You

Oil United States US Dollar

Cotton futures are down 115 to 120 points in the front months. Crude oil is back down $1.20 per barrel on the session, with the US dollar index down $0.0.5.

Export Sales from this week shows 4.5 million RB of cotton export commitments as of 9/10, 13% ahead of the 5-year average. That is also 39% of the USDA export forecast and behind the 48% average pace.

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